Referrals Drive Revenue
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This document promotes Amplifinity's referral automation software. It summarizes that customers are 400% more likely to buy a product recommended by a friend. Yet only 29% of prospects who are willing to refer after a positive experience actually do so, meaning marketing is missing referral opportunities. Amplifinity's platform engages advocates through specialized referral programs managed from a control room that integrates with critical systems like CRM. Referrals can drive 4x better converting leads and increase customer lifetime value and decrease churn compared to non-referred customers.
Referrals Drive Revenue
- 1. Create a new channel for DEMAND GENERATION with Amplifinity’s referral automation software
- 3. 400% CUSTOMERS ARE MORE LIKELY to buy a product recommended by a friend (Nielsen)
- 4. 83%OF PROSPECTS REFER are willing to (Texas Tech) AFTER A POSITIVE EXPERIENCE... ...YET ONLY 29%ACTUALLY DO
- 5. SALES AND MISSING OPPORTUNITIES THIS MEANS THAT MARKETING ARE REFERRAL
- 7. “Referral marketing is a channel that offers a high volume of excellent, low-cost leads.“
- 8. “53 percent of b-to-b companies are planning to invest in technology to support customer advocacy efforts in the next 12 months.“
- 10. MARKETING TOUCHPOINTS Engage your advocates
- 11. MARKETING TOUCHPOINTS REFERRAL PROGRAMS EmployeesCustomers Partners Engage your advocates via specialized, white-labeled referral programs
- 12. MARKETING TOUCHPOINTS REFERRAL PROGRAMS CONTROL ROOM EmployeesCustomers Partners Engage your advocates via specialized, white-labeled referral programs designed, managed and optimized from the easy-to-use SaaS portal
- 13. MARKETING TOUCHPOINTS REFERRAL PROGRAMS CONTROL ROOM INTEGRATION LAYER EmployeesCustomers Partners ACCOUNTING SYSTEMS CRM MARKETING AUTOMATION HR SYSTEMS Engage your advocates via specialized, white-labeled referral programs designed, managed and optimized from the easy-to-use SaaS portal that integrates with your critical systems
- 16. 16% HIGHER (Harvard Business Review) THE LTV OF A REFERRED CUSTOMER IS than that of NON-REFERRED customers
- 17. 18% LESS (Marketing Business Review) REFERRED CUSTOMERS than non-referred customers CHURN
- 18. Visit Amplifinity.com to learn more The Referral Automation Platform